Market News

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U.S. Takes Bitcoin Mining Crown After China Crackdown

U.S. Takes Bitcoin Mining Crown After China Crackdown

More than a third of the global computing power dedicated to mining bitcoin is now...

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Robinhood's Crypto Business Is the Tail That Wags the Doge

Robinhood's Crypto Business Is the Tail That Wags the Doge

Robinhood experienced a net decline in funded accounts, but the real revenue story...

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Libor Transition Vexes CLO Market

Libor Transition Vexes CLO Market

While some parties have moved swiftly to adopt a replacement for the interest-rate...

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Deutsche Bank Posts Higher Profit as Loan Charges Fall

Deutsche Bank Posts Higher Profit as Loan Charges Fall

The German lender’s businesses did better than expected in the third quarter but...

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The Risks and Rewards of Playing Chicken With China

The Risks and Rewards of Playing Chicken With China

China has ways to confound speculators betting on Evergrande contagion—thanks to...

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Robinhood, Microsoft, Coca-Cola, McDonald's: What to Watch in the Stock Market Today

Robinhood, Microsoft, Coca-Cola, McDonald's: What to Watch...

Robinhood shares were sinking premarket after its earnings report; Microsoft was...

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Evercore Names John Weinberg Sole CEO

Evercore Names John Weinberg Sole CEO

Co-CEO Ralph Schlosstein will step down in February after 13 years.

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Taking on Tesla Comes at a Cost for GM

Taking on Tesla Comes at a Cost for GM

The Detroit car maker’s third-quarter results contained a warning that its EV-centric...

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McDonald's, Coca-Cola Power Through Despite Inflation

McDonald's, Coca-Cola Power Through Despite Inflation

Strong earnings from McDonald’s, Kraft Heinz and Coca-Cola show America’s food and...

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Microsoft's New Normal Will Need to Stick

Microsoft's New Normal Will Need to Stick

A strong streak of growth and operating profit gains haven’t been seen in nearly...

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Justice Department Investigates Visa's Fintech Relationships

Justice Department Investigates Visa's Fintech Relationships

Antitrust investigators are scrutinizing financial incentives Visa gave to Square,...

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Trump Social-Media SPAC Could Make Its Backers $440 Million

Trump Social-Media SPAC Could Make Its Backers $440 Million

The obscure financiers who launched the shell company that is taking the former...

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Shiba Inu Coin Price Jumps, Could Overtake Meme Cryptocurrency Dogecoin

Shiba Inu Coin Price Jumps, Could Overtake Meme Cryptocurrency...

The meme coin, which brands itself as the “dogecoin killer,” jumped 40% on Wednesday...

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CFTC Chief Says Recent Crypto Cases Are 'Tip of the Iceberg'

CFTC Chief Says Recent Crypto Cases Are 'Tip of the Iceberg'

Acting Chairman Behnam urges Congress to consider expanding the agency’s ability...

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Stocks Fall as Big Earnings Reports Roll In

Stocks Fall as Big Earnings Reports Roll In

Stocks fell Wednesday as investors examined earnings results from more of the biggest...

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Rent the Runway Shares Fall in Public Market Debut

Rent the Runway Shares Fall in Public Market Debut

The clothing-rental company had 112,000 active subscribers at the end of September,...